The First Grey Hat Hackers Hackathon Gets Hacked, Hacker Presents DeFi Solution to Curb Money Laundering on DEXs
Reading Time: 2min read
Hacken, a prominent cybersecurity, blockchain and cryptocurrency community is organizing the First Grey Hat Hackers Idea Competition where hackers and computer enthusiasts can submit their ideas to detect and counter vulnerabilities in crypto and DeFi projects. The hackathon offers Grey Hat hackers an opportunity to implement their ideas with the support of the Hacken community as legitimate White Hat hackers.
Starting Jan 19, 2021, Hacken community started accepting submissions of ideas for the hackathon on its website. As applications gradually started pouring in, someone found an innovative way to submit their application, which involved hacking into the website and posting a message containing information about their idea for the hackathon.
Reading Time: 2 minutes
by
Ogwu Osaemezu Emmanuel
on
January 29, 2021 DeFi
On January 19, 2021, the community of cybersecurity firm Hacken launched the First Grey Hats Ideas Competition offering a massive $45,000 prize pool. Subsequently, on January 28, the First Grey Hat Hackers Ideas Competition website was hacked by hackers who left a rather cheeky message for the community.
In what can only be dubbed a dramatic turn of events, merely a week after the official launch of the First Grey Hats Ideas Competition by Hacken community’s organizer and investor Leo Andreo, the site has been hacked successfully.
After hacking the website, the hackers left a clear cut message for Grey Hats Ideas Competition organizers and community members where they revealed the project’s name and shared other relevant information for organizers.
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In the wake of the Covid-19 millions of people have been subjected to months inside their homes as governments scramble to control the spread of the virus. This event is unparalleled in modern times and has affected almost every industry imaginable, including cybersecurity.
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